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Progress Software Corporation (PRGS)

NASDAQ
Currency in USD
68.31
-0.10(-0.15%)
Closed
After Hours
68.310.00(0.00%)
PRGS Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
67.4268.61
52 wk Range
48.0070.56
Key Statistics
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Prev. Close
68.41
Open
68.01
Day's Range
67.42-68.61
52 wk Range
48-70.56
Volume
552.91K
Average Volume (3m)
551.56K
1-Year Change
25%
Book Value / Share
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Fair Value
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Fair Value Upside
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PRGS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
73.29
Upside
+7.29%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins
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Progress Software Corporation Company Profile

Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Employees
2071

Compare PRGS to Peers and Sector

Metrics to compare
PRGS
Peers
Sector
Relationship
P/E Ratio
35.5x36.8x11.1x
PEG Ratio
7.040.210.01
Price/Book
6.9x9.3x2.4x
Price / LTM Sales
4.1x4.9x2.1x
Upside (Analyst Target)
9.8%21.1%20.4%
Fair Value Upside
Unlock16.8%3.6%Unlock

Analysts' Recommendations

5 Buy
2 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 73.29

(+7.28% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.9
Dividend Yield
1.02%
Industry Median 0.36%
Annualised payout
0.7000
Paid quarterly
5-Years Growth
+2.46%
Growth Streak

FAQ

What Is the Progress (PRGS) Stock Price Today?

The Progress stock price today is 68.31

What Stock Exchange Does Progress Trade On?

Progress is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Progress?

The stock symbol for Progress is "PRGS."

Does Progress Pay Dividends? What’s The Current Dividend Yield?

The Progress dividend yield is 1.02%.

What Is the Progress Market Cap?

As of today, Progress market cap is 2.93B.

What is Progress Earnings Per Share?

The Progress EPS is 1.90.

What Is the Next Progress Earnings Date?

Progress will release its next earnings report on 20 Jan 2025.

From a Technical Analysis Perspective, Is PRGS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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